Defi has been called "the new dynamic that revitalized the cryptocurrency industry." Decentralized finance became a trend in 2019 and continues to gain momentum in popularity.

Today we will talk about a unique improved Defi project called Kingswap. As you understand, we will talk about a new type of decentralized exchangers that we have already met today, for example, UniSwap. According to the developers, they want to provide us with new solutions that competitors cannot offer.

Kingswap

New centralized dex cryptocurrency exchange. Yes, you heard right, this is one of the first Defi projects that will have a legal address. The developers are thus trying to attract even more investment in their project, as well as to protect investors from mistrust.

As the developers themselves say, Kingswap is an improved version of Uniswap. Let's say one of the key features of the project will be working with Fiat. Direct decentralized transfers from debit cards to the world of cryptocurrencies. This greatly simplifies all exchange operations for users. In one click, we can buy ETH and invest. Of course, for Dex exchangers, such a solution is a breakthrough. UniSwap - and today cannot offer users such operations.

The project interface will be designed in a classic and user-friendly form. It will be similar to the interface of the UniSwap project. Only he will have additional opportunities. Let's say the connection of your ERC-20 wallet, like that of Uniswap, will be available using the WalletConnect and Metamask applications. Which gives additional protection to users.

In a large market, each project chooses its unique strategy to fight competitors and Kingswap is no exception. The project's financial model looks better, it brings more profit for investors, and the total cost of exchanging for Kingswap Dex is lower. UniSwap = 0.3% Kingswap = 0.25%. It is worth noting the fact that the team says that there will be many more rewards for 1 block, namely $ 10,000 king. In general, the financial picture is developing interesting because the cryptocurrency competes with itself, offering us, as users, more and more favorable conditions for both investment and operations.

Kingswap security

We all know that the digital marketplace today is not secure. Large exchanges are hacked, and hackers very often find a way to bypass the protection of the project. The Kingswap team is going to take into account all the developments of Uniswap in the field of security, and will also organize a special audit fund. For regular project safety checks. Thus, they will protect their project from possible hacks and errors.

KingSwap NFT

The Kingswap project also has a very interesting early investment model in its arsenal. The project offers to purchase unique NFT tokens, which will already bring profit to their acquirers. According to the company, the owners of early NFT tokens will receive up to 150% of the profit on an annualized basis. The project team has already made the first payments to the owners of NFT early access tokens. $ 50,000 was distributed to king users with early investment tokens.

KingSwap will be coming up with more limited edition NFTs to cater to user wants and the development team would help Kingswap to explore NFTs further and to develop its potential to attract more conventional investors as well.

Opinion about the project

Today it is difficult to compete with projects that have already taken their place in the cryptocurrency market. However, since cryptocurrency is a financial instrument, the ability to generate more profit for users is also important. KingSwap will offer the user more favorable investment conditions, as well as reduce the prices for operations, which will help the project find and attract new users and investors. The main question today is whether DAO can be centralized, and how it will work. Thanks for your attention.

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Contacts

Website: https://www.kingswap.io/
Twitter: https://twitter.com/defi_kingswap
Discord: https://discord.com/invite/fD2DrJY
GitHub: https://github.com/KingLuigy/KingSwap_NFT
Linkedin: https://www.linkedin.com/company/kingswap
Telegram: https://t.me/kingswap

Interesting articles

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• First Regulated DeFi Project KingSwap Raises $20 Million in Funding and Liquidity Support, Announces Public Launch on Uniswap
• The King Swap Project

#DeFi #KING #Crypto #Yieldfarming #Blockchain

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